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Intel awarded $7.9 billion from the CHIPS Act ahead of Trump's second term

Donald Trump has previously criticized the CHIPS Act and suggested he would prefer tariffs to incentivize semiconductor manufacturing on US soil.

By: Business Insider

Dec 10 2024
9
103 Views

Intel awarded $7.9 billion from the CHIPS Act ahead of Trump's second term — Intel awarded $7.9 billion fro

Intel stock has plunged this year.Jaque Silva/SOPA/Getty Images

Intel is getting $7.9 billion in federal grants from the Biden administration.
The US Department of Commerce announced… [+2362 chars]
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